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Asian technological stocks fall when Trump doubles on tariffs by supporting investors at the border

Employees move semiconductor testers on the assembly line of the plant with the most useful corporation in Ora, Japan on August 10, 2012.

Tomohiro Ohsumi | Bloomberg | Gets the image

Asian technologies and shares related to chips fell on Tuesday after US President Donald Trump made it clear that Mexico tariffs and Canada would come into force as planned.

Trump said the US will lead 25% tariffs on the goods that are imported with Canada and Mexicoadding what was there ”No place for Mexico and Canada‘To agree on an alternative tariff.

Trump also said it would introduce an additional 10% import tariff from China, already leaving 10% of duties that came into force in February.

Asian technology shares also put pressure on almost 9% drop of artificial intelligence, cute Nvidiastock at night.

Japanese semiconductor equipment manufacturer Brave Since last October, it has plunged to 9%, to the lowest level, while the chips manufacturer Renesas electronics lost 6.35%.

Technical investor Group Softbank decreased by 6.25%. CEO Masayoshi Son It is planned to borrow $ 16 billion to invest in artificial intelligence, according to a message that came out last weekend.

South Korea’s stock in SK Hynix lost as much as 3.26%while while Samsung Electronics After launching its trends increased by almost 1% Galaxy A Series Smartphones with features that work on AI.

Chinese stocks related to II, also fell Alibaba and Kingsoft Cloud The decrease is as much as 2.23% and 8.46% respectively.

Meanwhile the trading platform Meituan lost 0.62%, manufacturer of electronic vehicles Bake plunged by 6.60%, XPeng traded by 1.97% below and Lee the car lost 2.68%.

Chinese technicians major FavorableHong Kong shares traded 0.91% higher.

Taiwan’s stock in Taiwanese semiconductor production company He lost more than 2% on Tuesday after Trump said the company is $ 100 billion in the US for the production of chips. Investments were ‘A huge step of the most powerful company in the worldsaid Trump.

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